Stock Alert: Spirit Airlines Declines 7%

(RTTNews) - Shares of Spirit Airlines, Inc. (SAVE) are down more than 7% Monday morning at $16.32. It has traded in the range of $7.01- $47.50 in the last one year.

The airliner on September 17 announced the closing of its $850 million offering of 8.00% senior secured notes due 2025 offered by two newly-formed Spirit subsidiaries.

Spirit also announced the completion of its "at-the-market" (ATM) offering of 9 million shares, which raised about $156 million in net proceeds.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story


Latest Markets Videos


Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Learn More